Following are four series of costs measured at various volume levels. Identify each series as either fixed,
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Following are four series of costs measured at various volume levels. Identify each series as either fixed, variable, mixed, or step-wise.
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A D E Volume (Units) Series A Series B Series C Series D $ 3,600 7,200 10,800 14,400 18,000 21,600 $2,500 3,100 3,700 4,300 4,900 $1,000 1,000 2,000 2,000 3,000 3,000 4,000 $5,000 5,000 5,000 5,000 5,000 1 2 400 800 1,200 1,600 2,000 4 5,500 6,100 5,000 5,000 7 2,400 3.
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